IPA: /ˌɑːrbɪˈtreɪtɪv/
KK: /ɑrˈbɪtrətɪv/
Relating to the process of resolving disputes through an impartial third party.
The arbitrative process helped both parties reach a fair agreement.
Arbitrative → It is formed from "arbitrare" (meaning to judge or decide) and the suffix "-ive" (meaning having the nature of). The word "arbitrative" refers to having the nature of making judgments or decisions.
Think of someone who is 'deciding' ('arbitrare') in a situation — that's why 'arbitrative' means having the nature of making judgments.